IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 16-Apr-2015


 

SUGGESTS:

 

IDEA

 

ITC

 

TATACOMM

 

ALSO SEE:

APOLLOTYRE

ORIENTBANK

SSLT

These 6 names were given to our members before market opened today. At about 10am, 2 of these 6 were chosen, based on their initial performance, and StopLoss and Targets were given for these 2. Throughout the day we followed the performance of these 6 stock and gave updates/alerts.

 

Given below are the Alerts & Updates
we had sent to our members today:

 


 

Alerts / Updates for Thursday, 16-Apr-2015

SMS Pre-Market

Suggests: IDEA ITC TATACOMM;
Also See: APOLLOTYRE ORIENTBANK SSLT;
Valid for date: 16-Apr-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8790, 8830, 8860, 8900, 8940;
NIFTY Support levels are: 8730, 8700, 8660, 8630, 8600;

 


 

SMS-1

16Apr(10:00) Flat openng; Going Flat;
See ITC>356 TATACOMM>499;
Watch IDEA>201.50 SSLT>206;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8750; The Nifty has remained flat in the red
since opening today; A slight negative bias is seen to develop; Nifty at 8730 now, in the
red, likely to go down some more; Be very careful in LONG for intraday today as the
sudden steep fall in the last half-hour of trade yesterday, might continue today;
Meanwhile, See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 356 352 358 360 160
TATACOMM 499 490 502 506 120

Also watch IDEA>201.50 and SSLT>206 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

16Apr(11:00) Mkt has -ve bias; APOLLOTYRE gave
profit; See IDEA>201.50 APOLLOTYRE>193 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IDEA See > 201.50 Very Choppy; Be very careful with this..
ITC Going down; Avoid, for now
TATACOMM Going down; Avoid, for now
APOLLOTYRE In at 191, Out at 193.50;
See > 193
A sharp chance came outside our Levels;
More such chances can come again here
ORIENTBANK Flat & Uncertain; But watch after 231
SSLT Flat & Uncertain; Avoid, for now

The one profit that has come so far, was outside the levels we had given and has
come from one of the six that was not initially considered; This goes to show how
unpredictable today's market can be; The Nifty is going down; Today you will have to
be extra careful; It will be best if you can avoid trading in a day like this; Unless you
are very confident about what you are doing; Keep constant vigil; Look at all
angles before you take a decision; Do not take unnecessary risks;
Any wrong move can take you to losses;
Stay Away if you are in doubt.

The Nifty has gone down further after our last Update, and is now at the psychological
level of 8700; At exactly 8700 now, in the red and struggling to hold on to this level;
We feel some more profit booking will come, but it will not be a huge big fall; This
8700 is strong Resistance, and the Nifty should recover from here;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

16Apr(12:30) Mkt in red; Going down; No Suggest gave profit;
IDEA Marginal; Hold IDEA>201.50 & See TATACOMM>488
ORIENTBANK>230 if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IDEA In at 201.50;
Hold>201.50, SL-199.50
Marginal till now; Be very careful; Get out
if no upward movement in next half-hour
ITC Going down; Avoid, for now
TATACOMM See > 488 Has flattened out; Watch this..
APOLLOTYRE No further development; Going down;
Avoid, for now
ORIENTBANK See > 230 Low chances here, But keep watching..
SSLT Going down; Avoid, for now

None of our Suggests have been able to do anything so far today, besides that sudden
profits by APOLLOTYRE; IDEA is showing some promise, but it is dangerous to hold on
to it for very long; Nifty is going down steadily throughout the day; This is making the
situation even more risky; As we said before, it will be best if you can avoid trading in a
day like this; But the odd, sudden chance can always come; Keep constant watch and
look at all angles before you take a decision; Do not take any unnecessary risks; Any
wrong move can take you to losses; Stay Away if you are not sure of your actions.

The Nifty has gone down further after our last Update; There is a steady negative bias
now; The Nifty is at 8670 now, in the red; The important psychological level of 8700
has been breached and the Nifty is fast approaching another important level of 8650;
But this 8660 is another Support level; Last Support at 8700 gave way after an
extended fight; Now we expect 8660 also to give a good fight; Keep vigil and
take all precautions before you decide on what to do; Stay Away
if you are not certain about what to do.

 


 

SMS-4

16Apr(2:30) Mkt in red; Going flat now; IDEA gave profit;
ORIENTBANK Marginal; No Suggest looks good for LONG
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IDEA Out at 203.50 Some profits have come;
Going down now; No point holding
ITC Going down steadily; Avoid
TATACOMM Still flat and choppy; Watch after 486
APOLLOTYRE No further development;
But there can be a 2nd chance after 193
ORIENTBANK In at 230; Out at 231 This is Marginal till now; But keep watching..
SSLT Has flattened out; Best to Avoid this now

IDEA has joined APOLLOTYRE to give us some profits; And a few more are showing
promise in the last hour only if the Nifty starts to go up; Options are open; Keep
constant watch and look at all angles before you take a decision; Do not take any risks
now, unless you get a very good opportunity; Any wrong move can wipe out existing
profits and can take you to losses; Stay Away if you are not sure of your actions.

As we had expected in our last Update, the strong Support at 8660 for the Nifty has
held on and the index has jumped up from a low of 8645; Nifty at 8665 now, in the
red; Fluctuating in the 8660-8700 range since the last 1-hour; We expect the Nifty to
approach the psychologically important level of 8700 now, cross it before the end of the
day and give a closing above that level; A smart positive uprise, opposite to what we
saw yesterday, can also happen; Do not take any unnecessary risks in last hour;
Protect your profits at all costs; Today we will close red.

 


 

Please also see our Today's Performance or Details page